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Global Crossing to Provide Dedicated Internet Access for Leading Social Networking Site
Florham Park, NJ - August 7, 2006 -- Global Crossing (NASDAQ: GLBC) announced today a multi-year agreement with social networking site MySpace.com for the company's Dedicated Internet Access (DIA) service. Under the agreement, Global Crossing will connect four of the online community's North American facilities through its MPLS-based DIA service.
"MySpace is a prime example from the growing enterprise market our network was designed to serve," noted John Legere, Global Crossing's CEO. "We're pleased to support the MySpace community to ensure their growing bandwidth needs are met quickly and reliably."
Through Global Crossing's comprehensive, end-to-end network management system, MySpace can monitor traffic 24 hours a day, seven days a week for unsurpassed reliability, while enjoying always-on, direct high-speed connectivity to the Internet.
"As a rapidly growing community of online citizens, MySpace requires a service provider that can keep up with our pace," commented Aber Whitcomb, CTO of MySpace. "With the global reach and advanced technology we need, supported by top-notch customer support, Global Crossing is a great provider for our networking community."
Global Crossing DIA provides always-on, direct high-speed global Internet connections at speeds ranging from 56/64 Kbps to OC48/STM16, as well as Fast Ethernet, Gigabit Ethernet and even 10-Gigabit Ethernet. The company's fully-meshed IP network, incorporating Multiprotocol Label Switching-traffic engineering (MPLS-te) as a backbone transport technology, provides the ultimate in network resiliency and flexibility. Not only is DIA the gateway to all Internet domains worldwide, but it also provides access to Global Crossing's portfolio of converged IP services, including Voice over Internet Protocol (VoIP) and IP Video. Frame Relay or ATM customers can enjoy the benefits of DIA via internetworking.
As a Global Tier 1 Internet Service Provider (ISP), Global Crossing is connected with every other major Tier 1 ISP in the world; these extensive peering relationships reduce latency by minimizing the number of hops required to reach any Internet site. In addition, Global Crossing has implemented Internet Protocol version 6 (IPv6) along side the current standard, IPv4, in a dual-stack configuration. Customers may share bandwidth between both protocol versions on the same port, while enjoying the same Service Level Agreements (SLAs). As a leader in the deployment of IPv6, Global Crossing has significantly augmented worldwide availability of the IPv6 standard.
ABOUT GLOBAL CROSSING
Global Crossing (NASDAQ: GLBC) provides telecommunications solutions over the world's first integrated global IP-based network. Its core network connects more than 300 cities in 28 countries worldwide, and delivers services to more than 600 cities in 60 countries and 6 continents around the globe. The company's global sales and support model matches the network footprint and, like the network, delivers a consistent customer experience worldwide.
Global Crossing IP services are global in scale, linking the world's enterprises, governments and carriers with customers, employees and partners worldwide in a secure environment that is ideally suited for IP-based business applications, allowing e-commerce to thrive. The company offers a full range of managed data and voice products including Global Crossing IP VPN Service, Global Crossing Managed Solutions and Global Crossing VoIP services, to 36 percent of the Fortune 500, as well as 700 carriers, mobile operators and ISPs.
Please visit www.globalcrossing.com for more information about Global Crossing.
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Statements in this press release about expected future events and financial results are forward-looking and subject to risks and uncertainties that could cause the actual results to differ materially, including risks referenced from time to time in the company's filings with the Securities and Exchange Commission. Global Crossing undertakes no duty to update information contained in this press release or in other public disclosures at any time.
CONTACT GLOBAL CROSSING:
Press Contacts
Becky Yeamans
+ 1 973 937 0155
PR@globalcrossing.com
Kendra Langlie
Latin America
+ 1 305 808 5912
LatAmPR@globalcrossing.com
Mish Desmidt
Europe
+ 44 (0) 1256 732 866
EuropePR@globalcrossing.comm
Analysts/Investors Contact
Laurinda Pang
+ 1 800 836 0342
glbc@globalcrossing.com
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